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General Insurance Corp.of India IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹912
Issue Price
₹912
Face ₹5
GMP
+₹0
+0% premium
Est. Listing
₹912
GMP based
Lot Size
16
shares / lot
Min Amount
₹14,592
1 lot · 16 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
11 Oct 2017
Wed Completed
Done
Close Date
13 Oct 2017
Fri Completed
Done
Allotment
18 Oct 2017
Wed Completed
Done
Refund
23 Oct 2017
Mon Completed
Done
Demat Credit
24 Oct 2017
Tue Completed
Done
Listing Date
25 Oct 2017
Wed Completed
UPI Deadline: 13 Oct 2017
Issue Details
Pricing & Size
Issue Price
₹912 Face ₹5
Lot Size
16 shares
Min Investment
₹14,592
Total Issue Size
12,47,00,000 shares (aggregating up to ₹11,256.83 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
6,22,82,640 (49.95%)
NII / HNI
1,86,84,793 (14.98%)
Retail
4,35,97,850 (34.96%)
Employee
1,34,717 (0.11%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
86,00,00,000 shares
Post-Issue Shareholding
87,72,00,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 16 ₹14,592
HNI / NII 14 224 ₹2,04,288
bHNI / bNII 69 1,104 ₹10,06,848
Objects of Issue
2 objectives
1
1 Augmenting the capital base
1,149.55 Cr
2
2 General corporate purposes
383.15 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Axis Capital Ltd.
Citigroup Global Markets India Pvt.Ltd.
Deutsche Equities India Pvt.Ltd.
HSBC Securities & Capital Markets (India) Pvt.Ltd.
Kotak Mahindra Capital Co.Ltd.
IPO Timeline
Open
11 Oct
✓ Done
Close
13 Oct
✓ Done
Allotment
18 Oct
✓ Done
Listing
25 Oct
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
gic.ipo@karvy.com
Company Contact
Email
investors.gic@gicofindia.com
Phone
+ (91 22) 2286 7000
Address
‘Suraksha’ 170, J Tata Road, Churchgate, Mumbai 400 020 Mumbai, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹912
Est. Listing
₹912
Lot Size
16 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
General Insurance Corp.of India LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
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| Price
Market Reference
IPO Issue Price
₹912
GMP
+₹0 (+0%)
GMP Est. Listing
₹912
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 6,22,82,640 (49.95%) ₹568,017.68 Cr
NII / HNI (Total) 1,86,84,793 (14.98%) ₹170,405.31 Cr
Retail Investors 4,35,97,850 (34.96%) ₹397,612.40 Cr
Employee 1,34,717 (0.11%) ₹122.86 Cr
Total ** 12,47,00,000 (100.00%) ₹11,372,640.01 Cr
* Based on ₹912.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
6,22,82,640 (49.95%)
NII
1,86,84,793 (14.98%)
Retail
4,35,97,850 (34.96%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31-Mar-1731-Mar-1631-Mar-15
Revenue3644.183234.083099.53
PAT2857.852654.922802.68
EBITDA
Net Worth
Total Assets48526.9540637.5843098.62
Reserves
Borrowings
About General Insurance Corp.of India

Incorporated in 1972, General Insurance Corporation of India is the largest reinsurance company in India in terms of gross premiums. They provides various general insurance products like property, energy, marine, engineering, miscellaneous, aviation-hull/spares-rotor wing, aviation-hull/spares-fixed wing, liability, aviation treaty–hull, spares and liability insurance products. They also offers cargo and offshore energy, motor, life, agriculture, space, health, credit and financial insurance.

They offers reinsurance solutions for the Afro-Asian region and reinsurance programs in South East Asia, the Middle East and Africa. They develop their overseas business through their home office in Mumbai, branch offices in London, Dubai and Kuala Lumpur, a representative office in Moscow, a subsidiary in the United Kingdom that is a member of Lloyd’s of London and a
subsidiary in South Africa.

Competitive Strengths

1. Leader in Indian reinsurance industry with 44 years of experience
2. International presence
3. Diversified product portfolio and revenue streams
4. Strong financial track record and a strong balance sheet
5. Experienced management team

Frequently Asked Questions
What is the issue price of General Insurance Corp.of India IPO?
The issue price of General Insurance Corp.of India IPO is ₹912 per share, face value ₹5.
What is the lot size?
Minimum lot size is 16 shares, requiring ₹14,592.
What are the IPO dates?
Opens 11 Oct 2017, closes 13 Oct 2017.
When is the listing date?
Tentative listing: 25 Oct 2017 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹912 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

General Insurance Corp.of India IPO · Expected 18 Oct 2017

Check on Registrar
Post-IPO Timeline
Allotment Date
18 Oct 2017
Refund Initiation
23 Oct 2017
Demat Credit
24 Oct 2017
Listing Date
25 Oct 2017
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹912
Face ₹5
Lot Size
16
shares / lot
Min Amount
₹14,592
1 lot
Est. Listing
₹912
GMP +₹0
Key Dates
Open
11 Oct Done
Close
13 Oct Done
Listing
25 Oct Done
Registrar
Kfin Technologies Ltd.
A
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